metamorworks/Shutterstock Save for later Print Download Share LinkedIn Twitter The impact of political risk and government intervention in energy markets has grown exponentially over the past year — and can be seen in everything from reserve replacement to transition strategies. We believe there is much more to come as governments try to reassert control over an energy system that had been tilting toward free-market ideals. Companies will need to be nimble to take advantage of opportunities and limit downside risk from policies that are not guided by purely economic calculations.